45% with variable mortgages say they would have to sell in under 9 months: Yahoo/Maru Poll.

45% with variable mortgages say they would have to sell in under 9 months: Yahoo/Maru Poll.

A real estate sign is pictured in Vancouver, B.C., Tuesday, June 12, 2018. A report by Royal LePage says the median price of a home in Canada in the fourth quarter of 2022 posted the first year-over-year decline since the end of 2008 during the financial crisis. THE CANADIAN PRESS Jonathan Hayward

A Yahoo/Maru Public Opinion poll found that 35 per cent of Canadian homeowners say they can handle the Bank of Canada’s current benchmark interest rate of 4.5 per cent for an average of less than 10 months before they would be forced to sell or vacate their homes. (THE CANADIAN PRESS Jonathan Hayward)

As Canadian homeowners grapple with the Bank of Canada’s flurry of interest rate hikes, one in three say they won’t be able to handle higher rates for long before they are forced to sell their…


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